Most investors compare rate. The lenders that actually make you money compete on leverage, speed to close, and how fast draws fund. Here's how the options stack up — and where FundNow Capital lands.
Most investor par rates are around 2%, and that often includes a 0.5% processing fee based on the loan amount. FundNow Capital waives that fee for qualified borrowers so you can move faster, lower your upfront cost, and get your loan done without the usual runaround.
Every source of flip capital trades something away. Knowing which trade-off you're making is the whole decision.
Underwrite in-house, fund their own capital, no committee. Fastest and most reliable for flips.
Rates higher than a bank — you're paying for speed and leverage.
Shop several lenders at once, useful for unusual deals.
Extra broker points, no control over the underwriter, terms can change late.
Lowest rates if you qualify.
Tax returns, DTI limits, no heavy rehab financing. Too slow for competitive offers.
Relationship-driven, flexible on unique assets.
Limited capital, geographic restrictions, often no rehab draws or in-house servicing.
Side-by-side on the terms that decide whether a flip pencils.
| What matters | FundNow Capital | Typical lender |
|---|---|---|
| Purchase financing | Up to 90% | 70 – 80% |
| Rehab financing | 100% of budget | 0 – 85% |
| Max leverage (LTC) | Up to 93% | 80 – 85% |
| Rates starting at | 8.90% | 10 – 12% |
| Fastest close | 24 hours | 2 – 4 weeks |
| Appraisal required | Not always | Almost always |
| Draw turnaround | 48 hours | 5 – 10 business days |
| Minimum FICO | 600 | 660 – 680 |
| Tax returns / income docs | Not required | Often required |
| First-time flippers | Approved nationwide | Frequently declined |
| Servicing | In-house through payoff | Sold to a third party |
| Closes in an LLC | Yes | Sometimes |
Terms are representative and subject to underwriting, credit, and property review.
Ask these before you send a single document. The answers tell you more than a rate sheet.
A direct lender controls the underwriting and the capital. A broker adds points and a layer you can't call when the deal gets tight.
"90% financing" often means 90% of purchase only. Ask what percentage of total project cost you're actually bringing.
Slow draws stall your crew and blow your timeline. 48 hours is the standard to hold a lender to.
An appraisal requirement can add two weeks and cost you the deal in a competitive market.
If the loan is sold, your extension, payoff, and draw requests go to a servicer who never underwrote your deal.
Flips run long. Know the extension cost and process before you sign, not in month seven.
Not every flip needs the same loan. Start with the program that matches your exit.
Buy, renovate, and resell. Up to 90% purchase and 100% rehab.
See fix and flip loan termsAsset-based bridge capital for fast acquisitions and unusual deals.
See hard money loan termsRehab now, refinance into a 30-year DSCR loan and keep the property.
See the BRRRR strategySame-day terms, underwritten by real humans. No broker in the middle.
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